المادة 1: Preliminary Provisions

Article 1: Preliminary Provisions

a. These Instructions aim to regulate the registration, management and operations of simplified investment funds and the offering of its units, and the supervision of all associated activities in the Kingdom.

b. Simplified investment funds shall be subject to these Instructions not the Investment Funds Regulations, unless stated otherwise in these Instructions.

c. These Instructions shall have no prejudice to the provisions of the Capital Market Law and its Implementing Regulations, including, the Market Conduct Regulations, the Capital Market Institutions Regulations, the Securities Business Regulations and the Rules for Special Purposes Entities.